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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 222.55

-4.4%

Nov 18 3:59 PM EST

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To: Victor Lazlo who wrote (107400)	8/22/2000 11:25:56 PM
From: John Chen	Read Replies (2) of 164684

Victor,re:"Thought on rate". Is there relationship between 'rate' and 'money supply'? If the answer is yes and FED is not 'adding money supply' by 'lower interest rate' and AG keeps 'praising the new economy productivity' then AG is laughing in the back room. I think it will be tough for the rest of the year. Think about it, AMZN has sucked so much money from the market alone, and all those failed IPOs and there are still plenty of them floating around. And the 'new economy incubators' keep supplying the food(stock) chain whenever they catch the moment of fantasizing public, so where is 'money supply'. Is AG obliged to support the fantasy? I don't think so. Watch for a 'soft landing' of the market. By the way, what is the 'model' of AMZN: A web-page wrapped 'brick-and-mortar'. "remember we had this BIG announcement (selling something on the web and the market gave us ?billions), it was easy money, eh!". That was some achievement. Life is good when you are 'smart'.

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